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प्रश्न
Who said, that one of the key of an entrepreneur is “uncertainty bearing”.
पर्याय
J.B.Clark
Schumpeter
Knight
Adam Smith
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उत्तर
Knight
APPEARS IN
संबंधित प्रश्न
State the different phases of change in the total product according to the Law of Variable Proportions. Use diagram
What is the law of variable proportions?
Explain the law of variable proportions with the help of a diagram.
Mention the economies reaped from inside the firm
Define Marginal Product of a factor.
Bring out the Relationship among Total, Average and Marginal Products.
Which one of the following is NOT a ceteris paribus assumption of the Law of Supply?
At the point of inflexion, ______ is maximum.
With the help of a diagram, explain the relationship between Average Product and Total Product under the Law of Variable Proportions.
What are Average product?
What is marginal product?
With the help of a suitable diagram, discuss the relationship between Average product and Marginal Product.
Which stage of the Law of Variable proportions will be the best for the producer? Explain with a reason.
Which term describes the extra output from adding one more unit of labour in production?
What happens to marginal product after a certain point, if more and more labour is added to fixed land?
Which stage is shown when total production drops and marginal product becomes negative?
Why should businesses study the law of variable proportions?
